SEC Adopts New Rule 498A for Variable Contracts
By EsqSocial Corporation 19/10/20
On March 11, 2020, the U.S. Securities and Exchange Commission adopted new Rule 498A under the Securities Act of 1933, as amended, and related form and rule amendments. The new rule and amendments are intended to modernize disclosures for investors about variable annuities and variable life insurance contracts (together, “variable contracts”) by, among other things......
By: Faegre Drinker Biddle & Reath LLP